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856 North Main Street Exten...

NIA ROO Investments LLC Acquires Industrial Building In Wallingford For $1.7 Million
SOLDIndustrial

NIA ROO Investments LLC Acquires Industrial Building In Wallingford For $1.7 Million

856 North Main Street Extension

$1,700,000

$82/SF

Building Size

20,672 SF

Asset Type

Industrial

Closing

Sep 29, 2025

AI

An industrial building located at 856 North Main Street Extension in Wallingford, CT, has been sold for $1,700,000. The property spans 20,672 square feet, resulting in a price per square foot of $82.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,700,000
  • Address: 856 North Main Street Extension
  • Market: Wallingford, CT
  • Square Footage: 20,672
  • Price Per Square Foot: $82
  • Buyer: NIA ROO Investments LLC
  • Seller: Jakx, LLC
  • Buyer's Representative: Victoria DePaolo - Farmingbury Real Estate
  • Seller's Representatives: Frank Hird & Sam Crampton - O,R&L Commercial

The transaction involved NIA ROO Investments LLC as the buyer and Jakx, LLC as the seller, with Victoria DePaolo representing the buyer and Frank Hird along with Sam Crampton representing the seller in the deal.

Players

Frank Hird

O,R&L Commercial

Broker

$15.8M

vol

5 deals

Broker
O,R&L Commercial
O,R&L CommercialBrokerage

Wallingford Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.33%

Cash-on-Cash

-2.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93